Home Buying in Paterson : Questions & Answers

change location

cancel or

Q&A

29
Maria Gilda…, Real Estate Pro in 06040
Maria Gilda Racelis answered:
i have a 633 credit score can i get a fha loan
You are too close to the credit score FHA requires.

Consult a local loan officer to help you in the process.

Best of Luck.
0 votes Share Flag Sat Sep 28, 2013 Home Buying in 07502
Armin Lusiny…, Real Estate Pro in Short Hills, NJ
Armin Lusinyants answered:
Any suggestions for where to look at property? We need to find property with low property taxes, but also within a half hour drive of East Hanover.
Hi Robin,
Check out Cedar Knolls, Whippany, Parsippany, Denville, Dover all have relatively law taxes.

Best of luck,
Armin Lusinyants
E-mail: alusinyants@gmail.com
Cell: 917-6 ... more
0 votes Share Flag Mon Apr 8, 2013 Home Buying in Paterson
Diane Glander, Real Estate Pro in Spring Lake, NJ
Diane Glander answered:
Live in Brick and the taxes are killing us. Do not want to move any further south would like to stay at least 45 min of this area...any suggestions.?
Where you can go will depend on how much you want to spend.
Pt. Pleasant borough has a lower tax rate as do many towns in South Monmouth County. It will all depend on how much you c ... more
0 votes Share Flag Mon Mar 25, 2013 Home Buying in Paterson
Mercure Volt, Real Estate Pro in West Orange, NJ
Mercure Volt answered:
has the land lot of 36 mountain ave. been purchased yet?
Hi Kzupp,

It was withdrawn from the GSMLS on June 20, 2012. I don't think it has sold, it was
not under contract at the time.

if you are interested I can try to find out more in ... more
0 votes Share Flag Wed Feb 13, 2013 Home Buying in Paterson
Laquita Baez, Real Estate Pro in New Jersey
Laquita Baez answered:
I would love to buy a 2 family home, but my credit ratings aren't high enough. I don't owe any money it's just that I don't have much credit history.
Delia, speak with a mortgage professional that can discuss your financials with you to see if
you may qualify for a home loan. If you don't qualify now then the lender can best advise ... more
0 votes Share Flag Thu May 23, 2013 Home Buying in 07502
James P. Ryan…, Real Estate Pro in Washington, DC
James P. Ryan, Jr answered:
Looking for 1 single family house with 4bed, 2bath within $300,000. Please someone help me out. Thanks.
Simply use the Trulia search engine and find the homes listed in the zip codes you desire.

Regards, Jim
0 votes Share Flag Wed Jul 25, 2012 Home Buying in Paterson
Elizabeth Ga…, Real Estate Pro in Elmwood Park, NJ
Elizabeth Garcia answered:
I want to buy a multi family home below 200k but I don't want to put my tenants in the worst area. How I now in what ZipCodes to buy?
There are several areas in Paterson that are disireable including Lakeview Section, Hill Crest, Peoples Park, River Side. Hawthorne, Elmwood Park are also disireable towns close to Pat ... more
0 votes Share Flag Tue Apr 10, 2012 Home Buying in Paterson
Alex Kushnir, Real Estate Pro in Monmouth County, NJ
Alex Kushnir answered:
Very interested in looking to possibly buying a home but length of employment is not enough. Does that pla a big factor?
It only a factor in getting a mortgage, not buying a house. Speak to your banker or mortgage professional regarding financing options.
0 votes Share Flag Wed Mar 14, 2012 Home Buying in Paterson
Christopher…, Real Estate Pro in 10591
Christopher Pagli - ABR, GREEN answered:
who is responsiblefor removal of termites?
Hi, Typically the seller should remediate the problem since banks won't fund a loan if there are active termites. I would approach the seller and point out it's going to be a ... more
0 votes Share Flag Fri Apr 6, 2012 Home Buying in 07514
Deborah Madey, Real Estate Pro in Red Bank, NJ
Deborah Madey answered:
what county in NJ has the cheapest property taxes?
Taxes are determined by each municipality, not at the county level. There can be two towns very nearby with different tax bases

The suggestion that I have for you is to define the ... more
0 votes Share Flag Sat Oct 1, 2011 Home Buying in Paterson
Anna Brocco, Real Estate Pro in Nassau County, NY
Anna Brocco answered:
dose this area get under water in rain.
If you are concerned about flooding, see link---
http://www.fema.gov/hazard/map/index.shtm#flood
0 votes Share Flag Wed Oct 20, 2010 Home Buying in Paterson
Anna Brocco, Real Estate Pro in Nassau County, NY
Anna Brocco answered:
how do I get info on the foreclosures?
Not sure which foreclosures are of interest nor where they were seen--however, If you are looking at a RealtyTrac listing(s), keep in mind that some of the information is inaccurate and ... more
0 votes Share Flag Tue Feb 1, 2011 Home Buying in 07502
Don Tepper, Real Estate Pro in Fairfax, VA
Don Tepper answered:
First time homebuyers tax credit
It's part of your taxes. So if you're expecting some of that back, you file your federal taxes, the tax credit is applied, and any part that's not used to pay the taxes i ... more
0 votes Share Flag Mon Mar 15, 2010 Home Buying in 07502
TERRY MCCARL…, Real Estate Pro in Cape Coral, FL
TERRY MCCARLEY answered:
I am interested in buying a condo where the asking price is $189,900. My apprasial came in at $156,000. The condo is fully renovated and is 892 sq
If you had the property appraised and it came in at $156,000 I would not pursue it at $189,900. I recommend you have your real estate agent negotiate the price based on the appraised v ... more
0 votes Share Flag Thu Feb 18, 2010 Home Buying in 07514
Peter J Roge…, Real Estate Pro in 07481
Peter J Rogers answered:
Interested in rehab homes, need help.
Most of the homes you are talking about have been foreclosed and are listed on the multiple listing service so the realtor you choose to work with can watch out for you and select those ... more
0 votes Share Flag Fri Feb 5, 2010 Home Buying in Paterson
Angie Perez, Real Estate Pro in South Brunswick, NJ
Angie Perez answered:
My contract does have a mortage contigency clause. However I have tried several time asking my attorney what the cancellation fees are for and have
Connie, when you say cancellation fee, are you asking about your attorney's fee or your deposit? If you have the mortgage contingency clause, your attorney sedns a letter to other ... more
0 votes Share Flag Thu Sep 17, 2009 Home Buying in 07514
John Sacktig, Real Estate Pro in 08816
John Sacktig answered:
What is a cancellation fee? Is there such thing in the state of NJ? I'm in contract to buy a house however i was
What did your attorney say what this fee for? Who is the receipient of the fee?

I would think there is a mortgage contingency clause which lets you out of the contract if you can no ... more
0 votes Share Flag Wed Sep 16, 2009 Home Buying in 07514
Lynn911.com…, Real Estate Pro in Dallas, TX
Lynn911.com Dallas Realtor answered:
I change lenders because my first lender had given me a $13,000 GFE for a $197,000 house. I felt that I was
Difficult to state when you say lender many non professional misuse that term.

Is that a mortgage broker who orginates your loan? If so they work thru venue of national banks, and ... more
0 votes Share Flag Mon Jul 27, 2009 Home Buying in 07514
Peter J Roge…, Real Estate Pro in 07481
Peter J Rogers answered:
I'm in contract to buy a home, however it has been very difficult to get a fha loan. They have so many
Some of what you say is difficlut to understand. Why did you change lenders? If you did then the new lender has to start from scratch so it follows the closing date will have to be put ... more
0 votes Share Flag Tue Jul 28, 2009 Home Buying in 07514
1 2
Search Advice

Followers

446
Email me when…

Learn more

Meet the Trulia Pros
Maryam Altadouka, Agent in 07481
Maryam Altadouka
Agent
07481
Christopher Leopizzi, Broker in Woodland Park
Christopher Leopizzi
Broker
Woodland Park
Elizabeth Garcia, Agent in Elmwood Park, NJ
Elizabeth Garcia
Agent
Elmwood Park, NJ
Pablo Lopez, Agent in Clifton
Pablo Lopez
Agent
Clifton
Home > Q&A > New Jersey > Passaic County > Paterson > Home Buying in Paterson
Copyright © 2014 Trulia, Inc. All rights reserved.   |  
Have a question? Visit our Help Center to find the answer